---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-226778"
form_type: "8-K"
ticker: "MCFT"
cik: "0001638290"
company_name: "MasterCraft Boat Holdings, Inc."
filed_at: "2026-05-15T20:15:07+00:00"
generated_at: "2026-05-15T20:21:20.894742+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# MasterCraft completes acquisition of Marine Products; creates diversified marine portfolio

## Summary
- Each MPX share converted into $2.43 cash plus 0.232 MCFT shares; MPX ceased trading on NYSE.
- Board expanded from 7 to 10 directors; added Timothy Rollins, Callum Macgregor, Stephen E. Lewis.
- Combined company brands: MasterCraft, Crest, Balise, Chaparral, and Robalo across coastal and inland markets.
- Stockholders agreement gives Specified Stockholders director nomination rights and standstill restrictions.
- Pro forma financials to be filed by amendment no later than 71 days after closing.

## SEC filing metadata
- accession: 0001193125-26-226778
- form_type: 8-K
- ticker: MCFT
- cik: 0001638290
- company_name: MasterCraft Boat Holdings, Inc.
- filed_at: 2026-05-15T20:15:07+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.01, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1638290/000119312526226778/0001193125-26-226778-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1638290/000119312526226778/d123539d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-226778
- JSON: https://secwatch.observer/filing/0001193125-26-226778.json
- Plain text: https://secwatch.observer/filing/0001193125-26-226778.txt

## Key facts
- Executive change
  Stephen E. Lewis was appointed as Director at MasterCraft Boat Holdings, Inc..
  - Action: added
  - Role: Director
  source text: The three vacancies on the MasterCraft Board were filled by the addition of Mr. Rollins, Mr. Macgregor and Stephen E. Lewis (collectively, the “Director Designees”) to the MasterCraft Board, each of whom will hold office until their respective successors have been duly elected or appointed and qualified or until their earlier death, resignation or removal.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1638290/000119312526226778/0001193125-26-226778-index.htm
- Executive change
  Callum Macgregor was appointed as Director at MasterCraft Boat Holdings, Inc..
  - Action: added
  - Role: Director
  source text: The three vacancies on the MasterCraft Board were filled by the addition of Mr. Rollins, Mr. Macgregor and Stephen E. Lewis (collectively, the “Director Designees”) to the MasterCraft Board, each of whom will hold office until their respective successors have been duly elected or appointed and qualified or until their earlier death, resignation or removal.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1638290/000119312526226778/0001193125-26-226778-index.htm
- Executive change
  Timothy Rollins was appointed as Director at MasterCraft Boat Holdings, Inc..
  - Action: added
  - Role: Director
  source text: The three vacancies on the MasterCraft Board were filled by the addition of Mr. Rollins, Mr. Macgregor and Stephen E. Lewis (collectively, the “Director Designees”) to the MasterCraft Board, each of whom will hold office until their respective successors have been duly elected or appointed and qualified or until their earlier death, resignation or removal.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1638290/000119312526226778/0001193125-26-226778-index.htm
- M&A Transactions
  MasterCraft Boat Holdings, Inc. completed an acquisition involving Marine Products Corporation for 0.232 shares of MasterCraft common stock and $2.43 in cash (closed 2026-05-15).
  - Action: acquisition
  - Counterparty: Marine Products Corporation
  - Consideration: 0.232 shares of MasterCraft common stock and $2.43 in cash
  - Closing: 2026-05-15
  source text: First Effective Time, except for shares held by MasterCraft or Marine Products, or their direct or indirect subsidiaries was converted automatically into the right to receive (i) 0.232 shares of MasterCraft common stock and (ii) $2.43 in cash, without interest (the “Merger Consideration”). Merger Consideration was not paid with respect to (i) shares of Marine
  evidence_url: https://www.sec.gov/Archives/edgar/data/1638290/000119312526226778/0001193125-26-226778-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.